NOT LISTED FOR SALE

1608 S Smith St Chattanooga, TN 37412

Estimated Value: $250,000 - $302,000

3 Beds
2 Baths
1,396 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $120,500 $86 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,525/month

166 Days on Market

Highlights

  • Open Floorplan
  • Covered Patio or Porch
  • Living Room
  • No HOA
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of August 2017

This home has a lot to offer. It was built in 2005 and has 1396 square feet of living space. Six rooms: 3 bedroom; 2 baths; Living room with a large kitchen with eat in area. Has new carpet and is move in ready. Buyer is hereby notified that any offer accepted is subject to delay of closing. Cancellation should MTGLQ Investor,L.P conclude clear title couldn't be conveyed.MTGLQ Investor,L.P does not guarantee or warrant the title. MTGLQ Investor,L.P recommends that buyer obtain title insurance.Per qualification letter or cash offers with proof of funds. The Grantee(s) or purchaser(s) may not re-sell, record an additional conveyance document, or otherwise transfer title to property within 60 days following the Grantor's execution of this deed. .MTGLQ Investor,L.P has specific requirement surrounding Lead Based Paint. Proof of funds required on cash transactions; Lender Per-Approval letter for financed offers (dated with last 30 days)." Seller will not entertain offers until property has been on the market for 5 days. Seller will not entertain any Investor offers within the first 20 days.

Last Agent to Sell the Property

Aaron Shipley

Blue Key Properties LLC License #284982 Listed on: 01/18/2017

Last Buyer's Agent

Sei-Ondra Williams

Keller Williams Realty License #305957

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 50x150
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,396 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Living Room
  • Carpet
  • Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Covered Patio or Porch

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Central Heating and Cooling System
  • Radiant Ceiling
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Smith G E Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 169m G 005
  • $31,450 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50X150
  • Subdivision Name: Smith G E
  • Directions: From Ringgold Road (Exit1from Interstate I 75)turn by Burger King. House on left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1396.0
  • New Construction: No
  • Year Built: 2005
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 169m G 005
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal Middle Or Junior School2: East Ridge Middle
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 1506.09
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 0.17
  • General Property Information Lot Size Dimensions: 50X150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 31450.0
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Open Floorplan, Pantry, Primary Downstairs, Tub/shower Combo
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Pantry: Yes
  • Community Features:None4: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Vinyl Siding: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Ceiling, Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Public
  • Heating:Ceiling: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Lot Size Sq Ft: 0.17
  • Additional Parcels: No
  • Parcel #: 169m G 005
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1506.09
  • Tax Other Annual Assessment Amount: 31450.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2017
Closed on
Jul 7, 2017
Sold by
Mtglq Investros Lp
Bought by
Perkins Rebecca Faith
Seller's Agent
Aaron Shipley
Blue Key Properties LLC
Buyer's Agent
Sei-Ondra Williams
Keller Williams Realty
List Price
$129,900
Sold Price
$120,500
Premium/Discount to List
-$9,400
-7.24%
Current Estimated Value
$272,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,330
Avg. Annual Appreciation
10.56%
Original Mortgage
$111,021
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2016
Sold by
Brookshire Lucretia Sloan and Betty Sherri D
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Sep 23, 2005
Sold by
Deal Hoyt and Deal Leticia
Bought by
Brookshire Lucretia Sloan and Betty Sherri D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 16, 2004
Sold by
Manion Floyd and Manion Wanda
Bought by
Deal Hoyt and Deal Leticia

Purchase Details

Closed on
Aug 8, 2003
Sold by
Wilson Carolyn T and Benson Renee
Bought by
Manion Wanda W and Manion Floyd L

Purchase Details

Closed on
Jan 27, 1999
Sold by
Rosalie Burkett and Rosalie Frances
Bought by
Castleberry Frances Rosalie and Wilson Carolyn T
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perkins Rebecca Faith $120,500 Skw Title Co Llc
Mtglq Investors Lp $147,617 None Available
Brookshire Lucretia Sloan $129,000 Warranty Title Ins Co Inc
Deal Hoyt $32,500 --
Manion Wanda W $18,500 --
Castleberry Frances Rosalie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perkins Rebecca Faith $111,021
Previous Owner Brookshire Lucretia Sloan $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2017 08/17/17 Sold $120,500 -7.2% $86 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $129,900 -- $93 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $995 $44,475 $0 $0
2023 $1,560 $44,475 $0 $0
2022 $1,560 $44,475 $0 $0
2021 $1,740 $44,475 $0 $0
2020 $1,514 $32,300 $0 $0
2019 $1,514 $32,300 $0 $0
2018 $1,514 $32,300 $0 $0
2017 $1,514 $32,300 $0 $0
2016 $1,506 $0 $0 $0
2015 $1,506 $31,450 $0 $0
2014 $1,506 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1257928

Greater Chattanooga REALTORS®

APN: 169M-G-005